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Re: spec machine post# 7856

Tuesday, 05/07/2024 6:08:34 AM

Tuesday, May 07, 2024 6:08:34 AM

Post# of 7915
Yes the Offshore Technology Conference has started and there are many dignitaries and attendees from around the world indicating broad global interest.

Reading about some of the presentations to be given, the thing that catches my attention is that the contribution of the USA is for the DOE to offer a presentation on ADVANCING OFFSHORE WIND.

In my opinion this would fit in better at a different venue, instead of floating around in the OTC punch bowl. But this administration specializes in wasting taxpayer time and money. I wish I could get a sense about the level of attendance for that presentation. Could be worth a fun comment.

Perspective: the last offshore wind auction in the GOM grossed only 5 million dollars, so not a big player, but a big failure. And salt in the wound, those big East Coast wind projects have also been cancelled due to being too expensive (ie, non-competitive).

These appear to be real-world indicators of the folly of depending on wind for generating electricity. The thing about wind is that some of it results from the hot-air stemming from the comments of progressives.

I, for one, will not accept any investment advice from these looney tunes as it is founded mostly in political rhetoric with the focus of furthering their political agenda, not to generate ROI for investors.

If I wished to kill myself, I would climb to the top of the Biden administration’s EGO then jump off and fall to the level of it’s IQ. That should do it.




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